Rate changes amounting to an overall decrease for Enbridge Gas customers in Utah and Idaho have been approved by the Utah Public Service Commission. The decrease, which went into effect Nov. 1, follows closely on the heels of gas-cost decreases announced earlier this year. The decrease for a typical residential customer in Utah and Idaho will be about $12.57 annually or about 1.9 percent.
“Natural gas costs continue to remain low throughout the nation and this is something we are starting to see reflected in the gas cost rates for our customers,” said Judd Cook, vice president and general manager of Enbridge Gas for Utah, Wyoming and Idaho. “With energy prices at the forefront of everyone’s minds, we are working diligently to pass savings onto customers as soon as possible.”
These rates, often referred to as a pass-through rate, are costs associated with purchasing and delivering natural gas to customers. Gas costs are passed on to customers with no markup and have no impact on the utility’s profit. Because the costs of gas can change rapidly and can be affected by supply and demand, Enbridge Gas and the state commissions revaluate this portion of the rate at least twice a year.
Also included as part of this rate change were adjustments to include costs related to aging infrastructure investment, energy efficiency programs and bill assistance programs for low-income customers.